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No heartbreak at Montevideo hotel
No heartbreak at Montevideo hotel

No heartbreak at Montevideo hotel

12 August 2002

Corporación Interamericana de Inversiones, an international company that is part of the Interamerican Development Bank (IDB), has granted a loan to Carmitel SA, a Uruguayan corporation previously granted a 20-year concession to operate the Hotel Carrasco in Montevideo.

Banco Alemán taken over
Banco Alemán taken over

Banco Alemán taken over

02 August 2002

Banco Continental de Panamá, SA, Panama’s third-largest private bank, has acquired 100 per cent of the shares of Banco Alemán Platina, SA, a Swiss-German International Banking Licence Bank with offices and operations in Peru, Colombia, Ecuador, Panama, Costa Rica, Nicaragua, Guatemala, El Salvador, Honduras and Mexico.

US firm's new practice already busy in Latin America
US firm's new practice already busy in Latin America

US firm's new practice already busy in Latin America

24 July 2002

Chadbourne & Parke LLP has launched a new project finance workout and restructuring practice. The practice, which was announced on July 15, has already taken on several clients in Latin America

London and Madrid events show concern for future of Argentina and other Latin American countries
London and Madrid events show concern for future of Argentina and other Latin American countries

London and Madrid events show concern for future of Argentina and other Latin American countries

28 June 2002

At two recent events in Madrid and London, the enormous difficulties involved in tackling the economic problems of Argentina and other Latin American countries were discussed.

Law firms merge in Mexico
Law firms merge in Mexico

Law firms merge in Mexico

24 June 2002

Mexican-French law firm Ngo, Miguérès, Doporto, Beltrán & Legorreta and Spanish law and economics firm P&A Consultores have merged their Mexico operations to create the NMDB&L-P&A Worldwide Alliance.

Uruguay's infrastructure mega-concession
Uruguay's infrastructure mega-concession

Uruguay's infrastructure mega-concession

14 June 2002

CVU (Corporación Vial del Uruguay SA), a fully-owned subsidiary of the National Corporation for Development (Corporación Nacional para el Desarrollo - CND), has won a US$100-million ‘mega-concession’. The project involves the building and maintenance of more than 20 national routes and bridges, its financing through publicly issued securities, and eventually the public offering of CVU’s shares.

US Attorney for the Southern District of New York rejoins old firm
US Attorney for the Southern District of New York rejoins old firm

US Attorney for the Southern District of New York rejoins old firm

07 June 2002

Former US Attorney for the Southern District of New York Mary Jo White has joined Debevoise & Plimpton, effective June 1.

Uruguay issues bonds worth US$150 million
Uruguay issues bonds worth US$150 million

Uruguay issues bonds worth US$150 million

31 May 2002

Credit Suisse First Boston International has completed a private placement deal under which the Republic of Uruguay is issuing US$150 million-worth of convertible floating rate notes, due 2007. The deal, which closed on April 26, is governed by English law.

South American breweries to integrate
South American breweries to integrate

South American breweries to integrate

24 May 2002

Companhia De Bebidas das Americas (AmBev), the largest brewer in South America and the fifth largest worldwide, is to integrate its southern cone operations with QUINSA (Quilmes Industrial SA), the largest brewer in Argentina, Bolivia, Paraguay and Uruguay. QUINSA is a subsidiary of Beverage Associates Corp (BAC).

Freshfields launches US antitrust practice
Freshfields launches US antitrust practice

Freshfields launches US antitrust practice

24 May 2002

Paul Yde and M J Moltenbrey have become partners of Freshfields Bruckhaus Deringer LLP and will launch a US antitrust practice in Washington DC. Joining them will be Alan Ryan, a competition partner who is relocating from the firm’s Brussels office.